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June 17, 2012 12:00 AM

Monopolies hold back Mexico's economy with high prices, poor service

Mexico is a country of concentrated economic power, and in some cases outright monopolies. It's an arrangement that limits the country's hopes of a thriving economy, chokes its consumers, discourages competition and prevents better products and services from emerging in the marketplace. It's been this way for decades, and analysts caution against expecting change anytime soon.

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